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Due to precautions related to COVID-19, we have expanded our options for remote consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.
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Phone: 805.492.7045
Due to precautions related to COVID-19, we have expanded our options for remote consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.

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Homestead Exemption Law in California

What is Homestead Exemption? No one wants to file bankruptcy for fear of losing their belongings. There are some exemptions however that help to keep your home and other larger property. The Homestead Exemption is a clause that was created to help prevent a home from being seized by a debt collector in the event of the death of one spouse or filing bankruptcy. This helps you to stay in your home even if you do have to file bankruptcy and allows the homeowner to reaffirm their home loan and keep paying......

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Bankruptcy Exemption in California

Bankruptcy is a very serious thing but it can help you to reset your life and get back to living a life that does not require you to try to pay back crippling debt. Filing for bankruptcy is a very serious thing and making sure you take the time to learn all that you can about bankruptcy. What are Bankruptcy Exemptions? A bankruptcy exemption is a law that was created to help protect your property in the course of a bankruptcy. This means things like your home, your car, and other property......

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Bankruptcy Fraud - Chapter 7 & chapter 13

Filing bankruptcy can be a big relief to those who have become overwhelmed with bills or have faced difficult circumstances which have made it difficult to pay all of their debts according to the original agreements they made with their creditors. Bankruptcy can reorganize and even forgive many debts, and give the filer an opportunity to set the reset button on their finances. When you file bankruptcy, the process requires that you lay all your cards on the table. You have to be honest about what you have, and what you owe.......

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How To Get Rid of Medical Debt

If you or your child gets sick or injured, getting medical attention needs to be at the top of your priorities, even if you are on a tight budget. But many insurance plans fall short of covering the bills, and because medical bills can be unpredictable, it isn’t actually easy to budget for medical bills debt. If those bills get out of hand, you might want to consider medical debt bankruptcy. What is Medical Debt? Medical debt is unsecured debt that you get because of medical care you received but did not pay......

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Credit Card Debt & Bankruptcy

Credit cards help people achieve a lot of things. They can buy holiday gifts for multiple people, and give nicer gifts than they might otherwise be able to give if they had to save up to get them. At first, monthly payments might not seem so bad. But emergencies happen, and there is another charge. Payments go up. Interest rises. It can seem like the only way out is credit card bankruptcy. How to Get Rid of Credit Card Debt Through Bankruptcy? By the time most people start to consider bankruptcy for......

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Mortgage Debt Forgiveness Relief Act 2020

Mortgages are something that millions of people deal with every month. A mortgage makes it possible to buy the home you want without having to have a ton of money up front. That being said, mortgage payments can be difficult to keep up with, especially if your work and money flow are interrupted as many have been during the current pandemic. Debt forgiveness is possible no matter what the current climate is and making sure you understand it can help you to figure out if this process is right for you. What......

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PPP loan forgiveness requirements- Are PPP loans dischargeable

Making the most of any situation can help you not only get through, but can also help you get out on the other side in better shape. When it comes to living through a pandemic as we currently are, money can get tight and it can be difficult for many to pay off loans, take care of monthly payments, and just survive honestly.  PPP loans, or paycheck protection program loans can help you make it through, but what about in cases of bankruptcy and what are the requirements of PPP loan forgiveness? PPP Loans During Bankruptcy......

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Lower Your Financial Risk in This Pandemic- Critical Finance Tips for Small Businesses During COVID-19

Lower Your Financial Risk in This Pandemic The impact of COVID-19 to American small businesses can’t be understated. Almost half of small businesses are likely to be directly impacted negatively by the pandemic if not already. Out of 5.3 million surveyed in one Pew Research study, 2.4 million confirmed the same. And the basis of that information is dated coming from the federal government, so the impact is probably higher. Of the affected population, 1 million are in the worst situation being in consumer services like tourism, restaurants, retail and accommodation. All......

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What Happens to a Tax Refund in California Bankruptcy

Those caught between the pinch of filing income tax form timely as well as dealing with a bankruptcy definitely can claim the title of being stuck between a “rock and a hard place.” The most common question that comes up in these situations tends to revolve around what happens with a tax refund if one is due based on the filings for the previous year. Normally, a California bankruptcy is filed in Federal court with some California rules applied, meaning ones entire financial picture has to be reorganized and cleared. Note that when a person files for bankruptcy it is......

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Financial uncertainty is something that millions of people are currently facing during the Coronavirus pandemic. Those families and individuals that were living paycheck to paycheck or doing a balancing act to stay ahead may have very well fallen behind on critical payments. While waiting for economic stimulus plans or other one time payments might help in the short term, we are currently dealing with a long term problem that does not look like it is going to ease up any time soon. This leaves groups of people that are out of work......

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